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Iran oil chief hands NIOC’s rein to trusted ally

DUBAI/LONDON: Oil Minister Bijan Zanganeh has handed the running of Iran’s national oil company to a trusted ally in a push to agree long-awaited deals with global oil majors, which could be affected by next year’s presidential polls. Iran has pledged to open up its lucrative oil reserves, the world’s fourth largest, although hard-line rivals […]

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